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upGrad KnowledgeHut eyes annual revenue run rate to reach Rs 300 cr by Mar

A study commissioned by Amazon India in September 2021 revealed that nearly 51 per cent of job-seeking adults wanted to pursue opportunities in industries in which they had negligible or no experience

Ronnie Screwvala - Co-founder & Chairman, upGrad
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Ronnie Screwvala - Co-founder & Chairman, upGrad

Peerzada Abrar Bengaluru
Short duration technology skill provider, upGrad KnowledgeHut, part of Asia’s higher edtech firm upGrad said it is expecting to record a Rs 300 crore Annual Revenue Run rate in March, 2022. This is a massive jump from Rs 80 crore, within 7 months of coming into the upGrad fold. The significant increase comes on the back of the demand for short-form courses by the global workforce, to upskill, improve their competency and pivot their professional careers in the desired direction. upGrad KnowledgeHut customers are global with the US and Southeast Asia forming the major markets, followed by India.

“With our aim